Northwestern Mutual Wealth Management Co. Has $44,000 Holdings in BlackRock Health Sciences Trust $BME

Northwestern Mutual Wealth Management Co. lessened its position in shares of BlackRock Health Sciences Trust (NYSE:BME) by 33.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,151 shares of the company’s stock after selling 568 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in BlackRock Health Sciences Trust were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of BME. First Trust Advisors LP grew its holdings in shares of BlackRock Health Sciences Trust by 6.1% during the 4th quarter. First Trust Advisors LP now owns 6,856 shares of the company’s stock worth $260,000 after purchasing an additional 393 shares in the last quarter. Comerica Bank grew its holdings in shares of BlackRock Health Sciences Trust by 13.1% during the 4th quarter. Comerica Bank now owns 4,454 shares of the company’s stock worth $169,000 after purchasing an additional 517 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of BlackRock Health Sciences Trust during the 4th quarter worth approximately $326,000. Ameriprise Financial Inc. grew its holdings in shares of BlackRock Health Sciences Trust by 5.3% during the 4th quarter. Ameriprise Financial Inc. now owns 172,829 shares of the company’s stock worth $6,554,000 after purchasing an additional 8,622 shares in the last quarter. Finally, Cornerstone Advisory LLC grew its holdings in shares of BlackRock Health Sciences Trust by 13.3% during the 4th quarter. Cornerstone Advisory LLC now owns 152,301 shares of the company’s stock worth $6,119,000 after purchasing an additional 17,847 shares in the last quarter.

BlackRock Health Sciences Trust Stock Up 0.7%

Shares of BME stock opened at $37.13 on Monday. The stock’s fifty day simple moving average is $36.25 and its 200 day simple moving average is $36.81. BlackRock Health Sciences Trust has a one year low of $34.18 and a one year high of $42.50.

BlackRock Health Sciences Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.2621 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a c) annualized dividend and a yield of 8.5%.

BlackRock Health Sciences Trust Profile

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.